RE:Am I doing something wrong

lindseyh2

Hello

Im a FTB (oh no!)

Put in offer on great house saturday 10 February, offer accepted late that day, EA asked for solicitors details etc at the time and made arrangements for us to come in and bring in Passports etc for money laundering tomorrow nite... Yesterday I contacted our chosen solicitor who is local and recommended, and he is sending us out purchase form, I spoke to EA last night who were annoyed we have chosen solicitor and not used theirs (fine!) so I think meeting tomorrow nite is to try and get us to go with them for mortgage and solicitor, but anyway I have instructed the solicitor and want to use him

We have meeting with lloyds on thursday afternoon to put in full mortgage application (we have AIP) they wouldnt do this over the phone only in branch, so that should be going ahead, but we have not even received the details from EA, because due to house only just going on market, they dont seem that eager to give details and Im getting really confused.

I thought it was best to get on with stuff as above, but EA seem to be stalling, am I doing this all wrong or something and should I just stop everything!

Also house is one year old(i know new build but we like it) my OH dad had a look round the property he is a director of a housing company building section and says its fine, so do we need full survey or just valuation,

Sorry for all the questions, but am so confused!!!! and you are all so helpful!

Thank you

Doozergirl

Year old, just a valuation, especially if dad knows what he's doing.

You should be using a whole of market mortgage broker, not just the high street bank if you're a MoneySaver!

If you're worried about the EA, go back for another viewing and talk through your concerns with your vendor, make sure they're not still marketing. Otherwise it's bully boy tactics from the EA because they're not making commission off you...swift strong word with the sales manager should sort it out.

lindseyh2

Hi Doozergirl

Thank you for your reply,

The reason we have used high street lender is because OH has no credit history, I posted this on here a while ago and the general answer was to use own bank, which is lloyds, we could try a mortgage broker, but we are worried about the history thing so seemed a better idea and what they have offered seems fine and affordable.

The sales manager at EA is the one who has been speaking to us, so who would you go to then!

The house still has its for sign sale up at mo, but we did receive a copy of the offer this morning from EA, to prove I suppose it was sent in writing.

is it best just to speak to them tomorrow and see where things are, I just thought I had been a bit hasty arranging solicitors and mortgage that was all

Thank you again x

lotto-dreamer

You've done everything right!

It's a very good idea to have your mortgage offer in place, nominated solicitors instructed etc then everyone involved can get on with their job as soon as possible. Ignore the pushy estate agents (politely!) and remember they get their fees from the seller. Seller wants to sell and they have accepted your offer.

If your property is a new build it should have an NHBC (or similar) Insurance Certificate which should give you some peace of mind. Your solicitors will ask for that anyway.

Good luck!

icklejulez

As soon as you get your AIP from bank contact EA and tell them to stop all marketing on the property and a sold sign in 24hours. Tell them if they cant do this you will carry on viewing houses. In fact to be honest Id do this tommorrow as you wouldnt want to lose the house. There's nothing wrong with new builds by the way. Ive lived in one nearly 4 years and its been a good home. Im now moving into a 1920s house but wouldnt buy in between (1960s to 1980s)unless I had to.

lindseyh2

Thank you for all advice

We already have agreement in principle, so just need mortgage application really, which should be sorted on thursday fingers crossed, I did tell the EA when I made the offer to take it off sale etc, but they seem a bit slow!, I will just ignore their sales patter tomorrow, i am good at looking interested (when Im not!) ill ask them what is happening then, and if dont get straight answer will tell them ill continue viewing!

I am happy with a new build, its in a good area close to my friends and is perfect for me, ill go for an older house when have more money to do up!

Ill just keep on the way I am and if goes wrong, that life, not meant to be!

Thanks again, you are all very helpful!, im on this site all the time at mo!

x

icklejulez

First thing in the morning you should mystery shop them. Get a friend to ring and ask if the house is still for sael. If they say yes, you should phone up a few hours later saying you'd been talking to a friend regarfing purchasing that house and found out they too had been interested and you'd advised them it was still for sale! This is of course only if you think there's something fishy going on. EAs are never in a hurry to do anything unless they can see a sale falling through!!!

lindseyh2

hmm, very sneaky, but I like that idea, will do it, ill get one of my work colleagues to do it or my mum!, Ill let you know what happens!

I feel like miss marple!

thanks for the tip

x

Doozergirl

I had no credit history when I bought my first place and I was nervous but there was no need at all. And I used an independent, whole of market broker!

Sales managers are often almost invisible so I'm surprised you're dealing with one! I'm sure everything will be fine - as I said, I'd check with vendors also that house is off the market. If you still have trouble getting through this initial mortgage/solicitor phase, I'd ask the sales manager if the NAEA would approve of their sales style. However, simply standing firm, saying no and not(!) looking interested is the way to play this sort of salesperson.

icklejulez

I agree with finding a fee free independant financial advisor that you trust and makes you feel comfortable enough to ask any question. I had bad credit history 4 years ago and my MA still got me a deal with the abbey at 2.9%!!!

MJMum

contact EA and tell them to stop all marketing on the property and a sold sign in 24hours

I find some of the "advice" on this forum odd. The EAs work for the sellers, so if you tried this they would laugh in your face (or behind your back, at least). But I agree that it's a good idea to "mystery shop" to check whether or not the property has been pulled.